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Cryptocurrencies

“From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble”

“… …” https://www.cnbc.com/2024/06/16/inside-latest-crypto-firm-paying-billions-to-end-legal-troubles-.html

Stocks

“Bridgewater’s Ray Dalio Expects Stocks to Fall 20% if Rates Rise to 4.5%”

“…Billionaire Ray Dalio, founder of one of the world’s biggest hedge funds, has predicted a sharp plunge in stock markets as the U.S. Federal Reserve raises interest rates aggressively to tame inflation. “I estimate that a rise in rates from… Continue Reading…

Economy

“A record 4.5 million Americans quit their jobs in November”

“A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics.This pushed the quits rate to 3%, matching the high from September.Workers particularly quit their jobs in the hospitality industry, which had by far… Continue Reading…

Banking

“U.S. Treasury Expects to Borrow $4.5 Trillion in Fiscal Year as Stimulus Spending Soars”

“The U.S. government expects to borrow a record $4.5 trillion this fiscal year as it steps up spending to battle what is likely to be the deepest economic downturn since the Great Depression…” https://www.wsj.com/articles/u-s-treasury-expects-to-borrow-2-99-trillion-in-second-quarter-as-stimulus-spending-soars-11588619567